2min chapter

Yet Another Value Podcast cover image

John Maxfield on Investing in Banks in a Post-SIVB World

Yet Another Value Podcast

CHAPTER

The Significance of Crypto Signature

Signature was almost the hybrid of Silicon Valley bank and silver gate, right? Where they had extreme exposure to New York City commercial real estate and they had exposure to crypto plays. If you go back even further in time, they took a whole bunch of losses on the medallions when Uber and Lyft came out. The CEOs of major banks who think that like it was kind of like the sacrificial lamb.

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